Xau/Usd : 25/03/2015 Technical Analysis Report
25th March 2015
CFX Admin
Our Preference: Buy above 1190 $ level for the target 1200 $.
Alternative Scenario: Nill .
Technical Commentary :- In weekly Chart : Gold was trading above last week high and its trading above the key resistance level and upper trend line so we can buy near intraday support levels. In Daily Chart :- Yesterday its closed above the resistance level 1190 $ so today we can buy near 1190 levels and we can except upto 1200 levels :- we have shown in above image.
In 4 hours chart :- Gold was trading in the equidistant line and its trading near lower channel line, so we can buy above 1190 level and exit near 1200 level of next resistance:- we have shown in above image.
Gbp/Usd : 25/03/2015 Technical Analysis Report
25th March 2015
CFX Admin
Our Preference: Sell below 1.5000 for the target of 1.4850.
Alternative Scenario: Nill
Technical Commentary: In Daily chart, Gbp/Usd was trading in range bound pattern between 1.5000 to 1.4700 levels and its trading with upper trend line and we have a good major support levels of 1.4820 & 1.4720 ,So we can except to sell below upper trend line 1.5000 levels :- We have shown in attached image.
In 4 hour chart and 1 hour chart :- Gbp/Usd was trading in the triangle pattern and its trading near upper trend line and its trading below the key resistance level so we can sell near key resistance level and upper trend line @ 1.5000 levels :- We have shown in attached image.
Eur/Usd : 25/03/2015 Technical Analysis Report
25th March 2015
CFX Admin
Our Preference: Sell positions below 1.1000 level for the target 1.0700 in extension.
Alternative Scenario: Nill
Technical Commentary: In Daily chart, Eur/Usd was trading in the triangle pattern and also its trading with equidistant channel lines,so we can sell near upper trend line of triangle pattern and equidistant channel lines @ 1.1000 levels :- We have shown in attached image.
In 4 hour chart :- Eur/Usd was trading in the equidistant channel lines and its broken the intraday lower trend line, now its trading near resistance level @ 1.1000 level :- We have shown in attached image.
In 1 hour chart :- Eur/Usd was trading below two upper trend line levels 1.0950 & 1.1000 and intraday lower trend line was formed. So we can sell near resistance levels :- We have shown in attached image.
Eur/Jpy : 23/03/2015 Technical Analysis Report
23rd March 2015
CFX Admin
Our Preference: Sell below 132.60 for the target of 129.80 & 129.00.
Alternative Scenario: Nill
Technical Commentary: In Weekly chart :- Eur/Jpy was trading in the 2 different equidistant channel lines and now its trading near upper channel line and also its trading below key resistance level @ 130.20 and key support coming around 127 levels So we can except sideways moments for this week .
In Daily chart :- Eur/Jpy was trading in the triangle pattern and moving with lower trend line and its trading below key resistance level of 130.20 and 132.30 levels, so we can sell near key resistance level with stoploss of above last 2 days high or we can sell below lower trend line :- We have shown in image.
In 4 hour chart Eur/Jpy was trading in the triangle pattern and its trading between key resistance level and support level so we can sell near upper trend line @ 132.60 line :- We have shown in image.
In 1 hour chart,EurJpy was trading the equidistant channel lines and its trading near upper trend line so we can sell near upper trend line @ 132.60 and we can except sideways moments next support levels : - We have shown in image.
Usd/Chf : 23/03/2015 Technical Analysis Report
23rd March 2015
CFX Admin
Our Preference: Sell below 0.9800 level for the target of 0.9730 level.
Alternative Scenario: Nill
Technical Commentary : In daily chart,UsdChf was broken the equidistant channel lines on lower side and new upper trend line was formed , so we can sell near the upper trend line and key resistance level 0.9830 levels.
In 4 hour chart and In 1 hour chart, Usd/Chf was trading below upper trend line key support line so we can sell near upper trend line and key resistance levels 1.0830 Levels.
